ZIP 77008 covers residential neighborhoods in Houston, located within Harris County, TX, part of the broader Houston housing market. The typical home value in ZIP 77008 in the Houston housing market is $590,754, with a typical rent of $1,993 per month. That puts the local home-value-to-annual-rent ratio at 24.7.
Key stats
- ZIP 77008 is around the 92nd percentile of tracked local ZIPs for home value.
- ZIP 77008 is around the 8th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 24.7.
- 74 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $590,754
- Typical rent
- $1,993
- Homes for sale
- 374
- Buyer competition
- 40
- New listings
- 95
- Homes going pending
- 70
- Listings with price cuts
- 34.2%
Price and rent in ZIP 77008
ZIP 77008 is around the 92nd percentile of tracked local ZIPs for home value. ZIP 77008 is around the 95th percentile of tracked local ZIPs for rent.
ZIP 77008 home value & rent trend (past 12 months)
Typical home value fell 0.6% over the past 12 months, from $594,540 to $590,754. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.2% in November 2025.
Typical rent rose 0.1% over the past 12 months, from $1,991 to $1,993. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.6% in March 2026.
How ZIP 77008 compares to the metro
ZIP 77008's typical home value is 133.8% above the metro median of $252,640. ZIP 77008's typical rent is 28.6% above the metro median of $1,550. ZIP 77008's buyer competition is 14.9% below the metro median of 47.
How fast homes sell in ZIP 77008
Homes in ZIP 77008 typically go pending in about 60 days — about 9% faster than the metro median of 66 days.
Supply, pending activity, and competition
ZIP 77008 is around the 98th percentile of tracked local ZIPs for for-sale inventory. ZIP 77008 is around the 8th percentile of tracked local ZIPs for buyer competition. 74 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 269 and 374 — a 105-point spread across 96 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 77007, 77018, 77019, 77009.
Continue your market research
- Is Houston Housing Market Cooling?Read the related local market analysis.
- Is Houston a Buyer's Market?Read the related local market analysis.
- Compare 77008 vs 77002Compare this market with another tracked ZIP or peer group.
- Compare 77008 vs 77003Compare this market with another tracked ZIP or peer group.
- Compare 77008 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 77007 housing marketReview a nearby local market with the same core measures.
- ZIP 77018 housing marketReview a nearby local market with the same core measures.
- ZIP 77019 housing marketReview a nearby local market with the same core measures.
- Houston Metro housing market overviewReturn to the broader parent market.
77008 Housing Market Overview FAQ
What is the typical home value in ZIP 77008?
The typical home value in ZIP 77008 is $590,754 in the latest monthly reading.
What is the typical rent in ZIP 77008?
Typical rent in ZIP 77008 is $1,993 per month.
What is the home-value-to-rent ratio in ZIP 77008?
ZIP 77008 has a home-value-to-annual-rent ratio of 24.7.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules